Bloomberg Television
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The Oil Surplus Expands
Posted
October 20, 2025
Views
124,252
Likes
1,254
Comments
337
Engagement
1.28%
October 20, 2025
124,252
1,254
337
1.28%
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7:33Now PlayingMore than 1 billion barrels have been amassed on the world’s tanker fleet, the biggest flotilla of oil in-transit since 2020. Bob McNally founder and president at Rapidan Energy Group, say in the near-term, there will be a glut of oil, but in the coming years, oil prices will go much higher.
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